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Union Pacific:Building America for 150 Years

Executives

John J. Koraleski,
President and Chief Executive Officer

John J. Koraleski was named President and Chief Executive Officer for Union Pacific Corporation and Union Pacific Railroad in March 2012, following Jim Young's medical leave of absence. Previously, he had been executive vice president - Marketing and Sales of Union Pacific since March 1999. In that position, Koraleski was responsible for Union Pacific’s six major business units: agriculture, automobiles, chemicals, energy, industrial products and intermodal. He also oversaw the railroad’s National Customer Service Center.
Since joining the railroad in 1972, Koraleski has held a number of executive positions including controller of Union Pacific Corporation and executive vice president - Finance and chief financial officer of Union Pacific Railroad, the positions he held before his current appointment. He also has held positions in the railroad’s Information Technologies, Real Estate and Administrative departments.
Additionally, Koraleski is a member of the national advisory committee for the College of Business Administration at the University of Nebraska at Omaha, and honorary member of the board of directors of the Nebraska Methodist Hospital and the Nebraska Methodist Hospital Foundation. He also serves on the advisory board of the Women's Center for Advancement (WCA , formerly YWCA) and has sponsored the Union Pacific YWCA campaign drive for more than 21 years.
Koraleski earned both a bachelor’s and master’s degree in Business Administration from the University of Nebraska at Omaha.

Lance Fritz,
Executive Vice President - Operations

Lance Fritz was named Executive Vice President - Operations in September 2010. In his position, he is responsible for train operations throughout 23 western states. Fritz is in charge of all transportation services, including management and maintenance of locomotives, rail cars, tracks, train dispatching and crew calling.
In January 2010, he had been named vice president - Operations, after serving two years as vice president - Labor Relations, responsible for the negotiation and administration of all collective bargaining agreements for Union Pacific's 47,000 unionized employees.
Fritz began his career with Union Pacific in Marketing and Sales in July 2000, as vice president and general manager - Energy. In 2005, he moved to Operating as regional vice president - Northern Region, and in 2006 was named regional vice president - Southern Region, where he was responsible for the day-to-day safe operation of trains over the 8,670-mile Southern Region in Oklahoma, Texas, Arkansas, Kansas and Louisiana.
Prior to joining Union Pacific, Fritz was general manager of several divisions for Fiskars, Inc. He has held marketing and operating positions with Cooper Industries and began his career in operations with General Electric.
Fritz graduated from Bucknell University with a bachelor's degree in mechanical engineering and earned a master's degree in management from the Kellogg School of Management.

Robert M. Knight, Jr. was named Chief Financial Officer of Union Pacific Corporation in February 2004. In his position, he is responsible for all financial activities of both the corporation and Union Pacific Railroad.
Knight began his career with Union Pacific Corporation in 1980 and has held a variety of positions including serving as vice president and general manager - Energy and vice president and general manager - Automotive. In February 2002, Knight was named senior vice president - Finance of Union Pacific Corporation, the position he held until his election to his current position.
He is a member of the Grupo Ferroviario Mexicana and TTX Company boards of directors.
Knight holds a bachelor’s degree in business administration from Kansas State University and a master’s degree in business administration from Southern Illinois University.
Knight and his wife Julie have three children: Kelli, an accountant at Sprint; Robbie, a CPA at Deloitte & Touche; and Danny, an investment banker at United Bank of Switzerland.

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